Alt Coin Bargains to snap up and Steeming Piles to Avoid
OK Peeps... We've seen some awesome movement in various alt coins as well as the main player/s in recent weeks.
So what's next?
Well there are some alt coins out there which I think are seriously under valued right now and I though since I was putting a list together for myself, I may as well share it.
Here's my list of currently undervalued crypto IMHO:
- TenX (PAY) - WAY undervalued and should be 2 - 4 times the price
- SALT (SALT) - My price target is $200... stupidly undervalued
- EOS (EOS) - Y'all know my thoughts on this one, Buy and wait to be amazed when it hits $100, then HODL for the next big move, then repeat...
- Monero (XMR) - Should be in line with Dash IMHO
- OmiseGo (OMG) - Should be twice the price iMHO
- Populous (PPT) - This has been on a good run but the use case is absolutely insane and the current price is around 20% of my price target
- Bitshares (BTS) - I feel likely to migrate to EOS next year and possibly a place for institutional money. Well worth taking a small position in at this price
- Basic Attention Token (BAT) - Great team with real experience solving real problems. Long term HODL IMHO and well worth a small position
- CIVIC (CVC) - Sleeping giant IMHO. ID will be a key use of block chain tech and these guys have the start on the rest, great team, great contacts and some serious business nous
- NEO (NEO) - Chinese government own circa 49% of this one. Nuff said ;-)
- IOTA (IOTA) - Not a block chain but a tangle. Possibly the platform for the new internet of things. Very keen on this one although not sure on a price target at this stage
- Token (TKN) - This one is a little more of a longer term bet for me. A competitor to TenX and certainly no where near where they are, Price is fair for where they're at currently but super cheap if they deliver on their road map to have cards issued early 2018. Good for a small HODL IMHO
There are almost 13,000 of these now with literally thousands in the pre-launch stages as we speak. Many will be worthless and some will make the grade.
As well as the above I'm HODLing the following as long term hedges against inflation:
- Bitcoin
- Litecoin
- Ethereum (yes I still think it will do ok post EOS, just wouldn't bet the farm on it right now)
Ones to keep away from IMHO:
- Ripple - Token has no real value from use case as the main users of the network will be banks and they will NOT use the XRP token (they get access to use the system without using the token)
- BitConnect - Ponzi Scheme
- *Verge (XVG) - Team seems unorganised, aloof and they miss self imposed deadlines with nothing more than a whimper to their community
- *PotCoin (POT) - This is a gimick coin IMHO and does nothing that Dash, Monero, TenX, Bitcoin, Litecoin, Bitcoin Cash etc. can't already do. Single use tokens like this being used as currency have no future IMHO.
Just my two cents guys, feel free to comment below on any sleeping giants you think I've missed or any other steaming turds to stay away from :-)
As always, I'm not a financial adviser and this is not financial advice. I'm a long time crypto enthusiast who just want's to share my excitement and hopefully my insight as well.
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